U.S. Treasury yields ticked up after a data release; the 10-year yield is flat at 4.635%.

Meta Platforms (META.O) rose 1.5% in premarket trading after reports said the company has been in talks with US states to resolve lawsuits alleging its platforms contributed to harms from teen social-media addiction.

Same‑maturity France‑Germany sovereign yield spread widened to 86bps, nearing post‑2012 highs, as global bond yields rise to multi‑decade levels. Parliament is deadlocked over a contentious fiscal bill, increasing the risk attached to Macron’s final budget in his ten‑year presidency and adding election‑year policy uncertainty as challengers prepare to reverse his economic framework. FITCH will lead a forthcoming review of France’s credit rating; FITCH, S&P Global Ratings and DBRS Morningstar downgraded France during last autumn’s budget dispute.